In the latest close session, Canada Goose (GOOS) was down 3.35% at $14.73. The stock's performance was behind the S&P 500's daily gain of 0.07%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq appreciated by 0.18%.
Prior to today's trading, shares of the high-end coat maker had gained 32.41% outpaced the Retail-Wholesale sector's gain of 5.27% and the S&P 500's gain of 5.71%.
Investors will be eagerly watching for the performance of Canada Goose in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 31, 2025. The company is expected to report EPS of -$0.62, down 6.9% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $68.33 million, indicating a 6.12% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.84 per share and a revenue of $1 billion, indicating changes of +5% and +3.15%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Canada Goose. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 4% lower. Currently, Canada Goose is carrying a Zacks Rank of #4 (Sell).
With respect to valuation, Canada Goose is currently being traded at a Forward P/E ratio of 18.14. Its industry sports an average Forward P/E of 18.14, so one might conclude that Canada Goose is trading at no noticeable deviation comparatively.
One should further note that GOOS currently holds a PEG ratio of 1.01. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Retail - Apparel and Shoes was holding an average PEG ratio of 2.03 at yesterday's closing price.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 212, finds itself in the bottom 15% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Canada Goose Holdings Inc. (GOOS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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